According to CSIL forecasts, consumption will grow by more than 3% (in real terms) by the end of the year 2014. The outlook is for stability in Western Europe, moderate growth in North America and fast growth in many emerging market economies, particularly in Asia. China is taking advance from this situation, with over one third of furniture traded globally being of Chinese origin, both in the home furniture and office furniture sector and particularly in upholstery production. China became also the world leading mattress producer in the year 2011.
CSIL, Italian leading furniture market research centre, together with CIFF, the world’s largest furniture fair, and Edimotion, marketing communications company specialised in the furniture sector and good experience in the Chinese market, will present its forecasts concerning the furniture market worldwide and will comment on the fundamentals regarding furniture production and trade. Findings will be discussed with selected keynote speakers from North America, Europe and China with expertise in product design, market trends and internationalization issues.